Browse Skills manage budgets

manage budgets

🔻 Declining ESCO reuse: cross-sector

Plan, monitor, report on the budget and prepare set production budgets.

manage budgets — plan, monitor, report on the budget and prepare set production budgets. McKinsey's Skill Change Index places it in the declining band (SCI 60.22/100) — a skill likely to fall in demand as AI and automation cover more of its ground by 2030. ESCO classifies it as a cross-sector (useful across many industries) skill within skills. It is currently listed by 166 occupations in our catalogue, including Facilities managers, Purchasing managers, Advertising and promotions managers, and Industrial production managers.

Category: skills › managing budgets or finances SCI: 60.22/100 Also known as: budget set costs, approximate set costs, estimate set costs, manage operation budgets, oversee operational budgets, handle operational budgets

Occupations that require manage budgets

Showing top 20 of 166 occupations · ranked by India employment volume, then AI-durability.

Facilities managers 👥 75,000 · 🤖 5.4/10
Purchasing managers 👥 50,000 · 🤖 5.5/10
Advertising and promotions managers 👥 35,000 · 🤖 6.7/10
Industrial production managers 👥 1,500 · 🤖 4.8/10
Archivists · 🤖 3.8/10
police commissioner · 🤖 4.5/10
head chef · 🤖 4.6/10
head pastry chef · 🤖 4.6/10
nursery school head teacher · 🤖 4.7/10
ICT documentation manager · 🤖 5.0/10
ICT environmental manager · 🤖 5.0/10
ICT operations manager · 🤖 5.0/10
ICT product manager · 🤖 5.0/10
ICT project manager · 🤖 5.0/10
ICT vendor relationship manager · 🤖 5.0/10
accommodation manager · 🤖 5.0/10
accounting manager · 🤖 5.0/10
advertising media buyer · 🤖 5.0/10
airport planning engineer · 🤖 5.0/10
ammunition shop manager · 🤖 5.0/10

Frequently asked questions

What is manage budgets?

Plan, monitor, report on the budget and prepare set production budgets.

What category of skill is manage budgets?

ESCO classifies manage budgets under the skills category, specifically in the managing budgets or finances subcategory.

Is manage budgets an AI-durable skill?

McKinsey's Skill Change Index places it in the declining band (SCI 60.22/100) — a skill likely to fall in demand as AI and automation cover more of its ground by 2030. Prioritise this skill only when it directly enables paid work today — plan for AI to absorb more of it every year.

Which jobs require manage budgets?

In our catalogue, 166 occupations list manage budgets as a required or important skill. The top occupations by employment volume include Facilities managers, Purchasing managers, Advertising and promotions managers, Industrial production managers, Archivists, police commissioner.

How transferable is manage budgets between industries?

ESCO tags manage budgets as a cross-sector (useful across many industries) skill — a signal of how portable it is when you change field.

Is manage budgets the same as budget set costs?

Yes — manage budgets is also known as budget set costs, approximate set costs, estimate set costs, manage operation budgets, oversee operational budgets, handle operational budgets, maintain operational budgets, or manage operational budget. They refer to the same underlying capability in the ESCO taxonomy.

How can I learn manage budgets?

The most reliable path is to pick a job or project that demands manage budgets and learn through delivery. Complement that with role-specific roadmaps and short courses. Explore the occupations below to see where this skill is used in practice.

Data: ESCO v1.2.1 (CC-BY-4.0). Durability framework informed by McKinsey Global Institute (Nov 2025). See our methodology.